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Purdue Pharma has reached a preliminary proposed settlement with multiple state, local and tribal governments that accuse the company of helping to drive the opioid crisis, officials said. But many attorney generals are opposing it and say the fight is not over.

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HARTFORD, Conn.—A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months, with litigation sure to continue against the company and the family that owns it. The agreement with about half the states and attorneys...

Texas Attorney General Ken Paxton and a bipartisan coalition of 27 state attorneys general agreed to a plan to hold OxyContin manufacturer Purdue Pharma accountable for its role in the nation's deadly opioid epidemic, his office announced Wednesday. The tentative settlement over the role Purdue Pharma played in the nation's opioid addiction crisis falls short of the...

Wednesday Aug 28, 2019 at 11:45 AM Under the proposal now on the table, the Sacklers would contribute $3 billion of their own money toward the total, and the company would file for Chapter 11 bankruptcy and transform itself into a "public beneficiary trust," with all profits from drug sales going to the plaintiffs, The New York Times reported Wednesday. COLUMBUS, Ohio — Purdue...

Purdue Pharma and the thousands of state and local governments suing the maker of OxyContin over the nation's deadly opioid crisis are negotiating a $10 billion to $12 billion settlement under which the Sackler family would give up ownership of the company, according to published reports. Under the proposal, the Sacklers would contribute $3 billion of their own money toward the...

COLUMBUS, Ohio — Purdue Pharma and the thousands of state and local governments suing the maker of OxyContin over the nation’s deadly opioid crisis are negotiating a $10 billion to $12 billion settlement under which the Sackler family would give up ownership of the company, according to published reports. Under the proposal now on the table, the Sacklers would contribute $3...

COLUMBUS, Ohio — Purdue Pharma and the thousands of state and local governments suing the maker of OxyContin over the nation’s deadly opioid crisis are negotiating a $10 billion to $12 billion settlement under which the Sackler family would give up ownership of the company, according to published reports. Under the proposal now on the table, the Sacklers would contribute $3...